MCQOPTIONS
Saved Bookmarks
| 1. |
Suppose that the price of a new bicycle is Rs300 Natalie values a new bicycle at Rs 400 it costs Rs200 for the seller to produce the new bicycle. What is the value of total surplus if Natalie buys a new bike ? |
| A. | Rs500 |
| B. | Rs300 |
| C. | Rs200 |
| D. | Rs400 |
| Answer» C. Rs200 | |